Techpoint, Inc. Annual Return On Assets in % from 2018 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Techpoint, Inc. quarterly/annual Return On Assets history and growth rate from 2018 to 2023.
  • Techpoint, Inc. Return On Assets for the quarter ending June 30, 2024 was 22.7 %, a 1.13% decline year-over-year.
  • Techpoint, Inc. annual Return On Assets for 2023 was 22.8 %, a 12.2% decline from 2022.
  • Techpoint, Inc. annual Return On Assets for 2022 was 26 %, a 15.1% decline from 2021.
  • Techpoint, Inc. annual Return On Assets for 2021 was 30.6 %, a 260% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 22.8 -3.18 -12.2% Jan 1, 2023 Dec 31, 2023
2022 26 -4.64 -15.1% Jan 1, 2022 Dec 31, 2022
2021 30.6 +22.1 +260% Jan 1, 2021 Dec 31, 2021
2020 8.5 +2.24 +35.8% Jan 1, 2020 Dec 31, 2020
2019 6.26 -0.15 -2.34% Jan 1, 2019 Dec 31, 2019
2018 6.41 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.